Electricity retail
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Ofgem launches investigation into company of jailed director
Ofgem has begun an investigation into a non-domestic energy supplier which recently saw one of its directors jailed for 13 years for a number of fraud offences. The energy regulator is seeking to establish whether Lancashire-based BES Commercial Electricity Ltd and Business Energy Solutions Ltd (BES) are in compliance with rules that ensure deemed rates are not unduly onerous for customers. BES director Andrew Pilley, who also owned Fleetwood Town Football Club, was recently sentenced to 13 years in prison after being found guilty of fraudulent trading, fraud by false representation and being involved in the acquisition, retention, use or control of the proceeds of fraudulently mis-sold energy contracts.
1 year ago
Ofgem to expand PPM ‘do not install’ remit
1 year ago